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Author Topic: Btc Investment- Pure luck and strategy  (Read 127 times)
labilaab (OP)
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March 29, 2018, 02:45:40 AM
 #1

As years of my experience in crypto, all I can share is that its really pure luck and a little strategy that can make us profit.But sometimes its a loss in our part too like a gamble.
My strategy before since btc is skyrocketing is buying when i feel btc is very low and then wait for it to go up unto moon but I suddenly get scared even not reaching 15k dollars yet and that was last year where btc hits $20k and so I regret since i buy it at just $11k.
Well if ever last year's history will just repeat itself this year then I will just hold again to the moon? or what? your opinion? Smiley

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chennan
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March 29, 2018, 02:51:06 AM
 #2

Dude, I mean you can literally take out all the numerical values you have in the OP and insert numbers from "past moons" ago.  People were also freaking out when it went up to like above a dollar and then $10, and back down to $2... It's all relative to the time you are looking at the market.

But seriously, no one knows... do your own diligence and make a decision that you are comfortable with, especially preparing yourself if BTC goes down to zero.  Ask yourself if you feel the utility of BTC is worth that $15K you wish it to see at.

MinerHQ
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March 29, 2018, 03:01:22 AM
 #3

I'm also into this crypto market and prices are very unpredictable. So what I do is I buy and sell regularly but never sell at a loss means I buy monthly or weekly in small quantities whenever I get some extra money and sell some portion of it when I make around 20 to 30% profit and wait for some more time.

Luckily I didn't buy any bitcoins above 15K because I was worried that prices went up super fast and waiting for it to correct but it has corrected too much now. I too have some coins which bought above 10K but I believe prices will again go up so I will just wait.
labilaab (OP)
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March 29, 2018, 03:05:34 AM
 #4

Dude, I mean you can literally take out all the numerical values you have in the OP and insert numbers from "past moons" ago.  People were also freaking out when it went up to like above a dollar and then $10, and back down to $2... It's all relative to the time you are looking at the market.

But seriously, no one knows... do your own diligence and make a decision that you are comfortable with, especially preparing yourself if BTC goes down to zero.  Ask yourself if you feel the utility of BTC is worth that $15K you wish it to see at.

Yeah you have a point dude.Thanks for the tip. Im taking some precautionary measures or some backup too like investing in some altcoins with potentials too if ever btc will fail me. Smiley

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chennan
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March 29, 2018, 03:13:47 AM
 #5

I'm also into this crypto market and prices are very unpredictable. So what I do is I buy and sell regularly but never sell at a loss means I buy monthly or weekly in small quantities whenever I get some extra money and sell some portion of it when I make around 20 to 30% profit and wait for some more time.

Luckily I didn't buy any bitcoins above 15K because I was worried that prices went up super fast and waiting for it to correct but it has corrected too much now. I too have some coins which bought above 10K but I believe prices will again go up so I will just wait.

Yep, very smart move.  Honestly it's the same with a majority of investment, but please make sure you realize that Bitcoin is not an "investment" of a certain company, but rather an asset/currency that you are the only person who is responsible for in terms of it's corresponding private key.

As for me personally, I like to make routine "investments" into whatever I feel is better at the time and hold until green no matter what.  Whatever you invest consider that money gone, period.  So for me as an example, I throw in money into crypto at times when I feel the crypto market is feeling bullish, and then I throw in money into stocks when I feel the stock markets are bullish, etc.  Only sell when you are sure about the mid to long term outcomes look dire.

pooya87
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March 29, 2018, 04:22:39 AM
 #6

just being around and seeing ups and downs doesn't give you experience. in other words what you are calling experience is just data and based on that you are drawing a wrong conclusion. the fact is, it has nothing to do with luck or if anything the role of luck is so small that it is negligible.

you are only looking at a small picture and only because you couldn't predict the market, you are concluding that it is unpredictable. it is true that from time to time it becomes harder to predict but most times it is clear where bitcoin is headed in short term and it is always clear where it is headed in the long term.

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mrcrypto12
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March 29, 2018, 04:26:42 AM
 #7

youre not alone, all people now think twice about investment and keep profit in bitcoin. also when faomus social media like facebook and twitter banned crypto activity, it will more seriously
cocoliuis999
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March 29, 2018, 04:30:25 AM
 #8

When bitcoin prices were faster than 10K last year, I was very worried about too many bubbles. But when bitcoin prices continue to rise to 15K, more people believe that this price is only a starting point. The subsequent rapid decline was a proof of how serious the speculations of bitcoin were. I think investing bitcoin luck is also very important. What's more, we must have our own buying and selling plan. We all know that it will go to the moon again, but it doesn't sell, so it's hard to really earn money.
BTCLovingDude
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March 29, 2018, 04:42:09 AM
 #9

nah, just because price is falling and you didn't expect it, that doesn't mean it is pure luck. it just means you were not experienced enough to expect a drop and you were definitely not experienced enough to make profit from that drop.
otherwise the rest of the traders with experience are enjoying their profit these days too.

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Newboybb
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March 29, 2018, 04:46:58 AM
 #10

I don't think you ever understand the real value of bitcoin and the blockchain, so you think it's just a game.
In my opinion, bitcoin is the international currency of the future, so it is worth buying some.

Ctn
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March 29, 2018, 04:52:37 AM
 #11

Pure luck is applicable in the shitcoins and not the bitcoins! Shitcoins are the one who can get hampered a lot and sometimes they go scam too, so you cant rely on them but your luck, where you should hit the right shitcoin and gain the profits.

Bitcoin? Oh yeah its real thing and guess what it is still in existence from the 2009 year and none of them complain about it that its ponzi or scam as everyone is getting their share of pie.

Getting your invested money grown is just matter of time through which bitcoin will raise to value which is greater than your entry point. There is no luck in that because it is sure thing as wavy patterns in the bitcoin is very common.
niisarearning
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March 29, 2018, 04:59:32 AM
 #12

I also believing in luck in crypto investment becaus ethis market is highly manipulated unlike other trading asset not this much . We never know whats the faith fo coin we are holding today or the coin we sold today . I have seen the coins which i am holding 1000 times growth as well as 1000 times dip . The one who selling in the correct time will be the winners.
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